Trade Opportunity Tonight

TRADE OPPORTUNITY TONIGHT There is an opportunity to trade tonight when the AUD Labor Force Employment report is released at 9:30pm EDT.  The expectation for this release is 10k jobs.  We have placed a safe trigger of 20k jobs for this release.  We have historically seen moves of around 25 to 40 pips when this…

5/07/08 Bank Flow Update

EURUSD Update: Yesterday on the EURUSD I posted the 1.5578 area to watch for sells. The level was hit with a short spike though and has now fallen nicely to 1.5470. Where it would have been nice to take the full run our intraday target of 40 – 80 pips was met and the trade…